Kohl’s stock slides 5% as Jefferies trims target to $22, tariff ruling keeps retailers on edge
Kohl’s shares fell 5.3% to $19.40 Wednesday, underperforming the retail sector after Jefferies cut its price target to $22 but kept a “hold” rating. The drop followed a 3.75% gain Tuesday. Investors remain focused on tariff uncertainty, as the Supreme Court left open the question of Trump-era tariffs. Kohl’s next earnings report is due March 10.